Marijuana Stock Movers For December 7, 2023
Portfolio Pulse from Benzinga Insights
On December 7, 2023, several marijuana stocks experienced significant price movements. Notable gainers included MPX International with a 9900% increase, while Maple Leaf Green World led the losers with a 20.32% decline. Other stocks such as CV Sciences, Global Compliance, and Psychemedics also saw gains, whereas Neptune Wellness Solutions and Greenlane Holdings were among those that fell.
December 07, 2023 | 9:30 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
MPX International shares skyrocketed by 9900%, closing at $0.0001.
Such an extreme price surge is likely to draw significant attention and could lead to increased volatility in the short term.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
Psychemedics shares increased by 11.71%, closing at $3.34.
The gain in Psychemedics' stock price could attract investor interest, potentially leading to further short-term appreciation.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Urban-gro shares saw an uptick of 3.62%, closing at $1.14.
Urban-gro's stock price increase may indicate growing investor confidence, potentially leading to more gains in the short term.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Village Farms International shares went up by 3.65%, closing at $0.85.
The increase in Village Farms International's stock price suggests a positive trend that could continue in the short term.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
Greenlane Holdings' shares closed down 5.09% at $0.55.
The decline in Greenlane Holdings' share price may lead to negative market sentiment, potentially affecting the stock's short-term performance.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Maple Leaf Green World shares fell sharply by 20.32%, closing at $0.02.
A significant drop in share price could indicate negative sentiment or developments, potentially leading to further declines in the short term.
CONFIDENCE 80
IMPORTANCE 85
RELEVANCE 100
NEGATIVE IMPACT
Neptune Wellness Solutions shares decreased by 10.66%, ending the day at $0.47.
The drop in Neptune's stock price could reflect investor concerns, possibly leading to a bearish outlook in the short term.
CONFIDENCE 75
IMPORTANCE 75
RELEVANCE 90